26 CFR 1.706-5

§ 1.706-5 Taxable year determination.

United States · 26 CFR — Internal Revenue · Status: effective

Cite this

Citation: 26 CFR 1.706-5, § 1.706-5 Taxable year determination, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/110793
Permanent ID: ys:prov:110793@1
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Full text

(a) In general. For purposes of § 1.706-4, the taxable year of a partnership shall be determined without regard to section 706(c)(2)(A) and its regulations. (b) Effective/applicability date. This section applies for partnership taxable years that begin on or after August 3, 2015.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.